SOCAR

Bulgaria Plans to Expand Cooperation with Azerbaijan in Various Spheres

Azerbaijan and Bulgaria are eager to expand cooperation in all fields, where the sides see great potential, in order to achieve more visible results, Nikolay Yankov, Bulgarian Ambassador to Azerbaijan, reports Azernews.

The ambassador stressed that great cooperation in the energy field is already established between the states.

Bulgaria Expects Azeri Gas to Cover 30% of its Needs from 2020

Bulgaria plans to cover about 30 percent of its gas needs beyond 2020 with natural gas from Azerbaijan, reducing its almost total dependence on Russian gas, Energy Minister Temenuzhka Petkova said on Tuesday, reports Reuters. 

The Balkan country has a contract with Azeri state company SOCAR to import 1 billion cubic metres (bcm) of gas a year from the Shah Deniz II field.

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